US Global Investors Q2 EPS $0.06 Down From $0.24 YoY, Sales $3.73M Down From $6.57M YoY
Portfolio Pulse from Happy Mohamed
US Global Investors (NASDAQ:GROW) reported Q2 earnings of $0.06 per share, a 75% decrease YoY, and sales of $3.73 million, a 43.29% decrease YoY.
June 09, 2023 | 8:16 pm
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NEGATIVE IMPACT
US Global Investors' Q2 earnings fell 75% YoY to $0.06 per share, and sales dropped 43.29% YoY to $3.73 million.
US Global Investors reported a significant decrease in both earnings and sales for Q2 compared to the same period last year. This negative performance is likely to have a short-term negative impact on the stock price, as investors may be concerned about the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100